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Europe Today

European economy 'needs to change more quickly,' says IMF Europe boss

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Thailand: Bangkok protesters decry IMF and World Bank, warn of destructive capitalism

Hundreds of protesters marched through Bangkok on Thursday, 15 October, in opposition to the annual meetings of the International Monetary Fund and World Bank being held in the Thai capital.

15 October 2026

Economy

IMF forecasts 3.1% global growth in 2026, with eurozone at 1.1%

The IMF raised its 2026 global growth forecast to 3.1%, citing resilient economies and AI investment. However, high energy prices linked to conflicts will weigh on growth, with eurozone expansion forecast at 1.1%.

13 October 2026

Economy

IMF signals austerity is back as global public debt nears 100% of GDP

IMF chief Kristalina Georgieva has urged heavily indebted governments to tighten their belts and central banks to take a hawkish stance, signalling a return to austerity as the energy shock from the Iran war, record public debt and a credit-fuelled AI investment boom weigh on the global economy.

Bolivia

Congress ratifies $1.9 billion IMF deal to ease deep economic crisis

La Paz hopes the deal, awaiting final authorisation by the IMF’s executive board, will open other lines of finances from different institutions, like the World Bank, as the country works to restore its struggling credit status.

19 September 2026

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Business

Portuguese economist Ricardo Reis dropped by IMF after criticising Trump tariffs

Ricardo Reis warned that tariffs could drive up prices in the United States and potentially trigger a new wave of inflation.

10 September 2026

Economy

IMF confirms Italy growth forecast: GDP +0.5% in 2026 and 2027

The IMF has also lifted its 2026 global inflation forecast to 4.7%, citing rising energy and commodity prices and risks from tensions in the Middle East.

Business

IMF to closely monitor China’s economic growth amid trade tensions

An accurate measurement of China's digital economy is a priority for other powers competing with Beijing in fast-developing technologies.

Europe Today

World Cup fever, new EU migration era and the Pope's message to Spain

The biggest-ever World Cup got underway with hosts Mexico beating South Africa and South Korea upsetting the first European team in action. In Europe, the EU's new Migration and Asylum Pact takes effect today, while Pope Leo XIV wraps up his visit to Spain with a special mass in Tenerife.

Economy

IMF warns against further relaxation of euro area fiscal rules

The IMF has urged euro area countries to tighten their fiscal policies rather than relaxing them further in response to the energy crisis, with an extra adjustment effort required from high-debt nations.

Interview

Global shocks will slow down economic growth in Africa, IMF warns

According to the IMF's report, regional growth is expected to decline by 0.3 percentage points, and some 20 million people in Africa now face the risk of food insecurity as the Iran war raises energy and food prices.

Europe Today

More 'targeted measures' are needed to tackle high energy bills - IMF

The International Monetary Fund (IMF) said vulnerable households should be the main target of energy price relief measures and urged EU governments to guarantee that these won't do "more damage than good".

Europe Today

Short conflict in the Middle East or recession in Europe, IMF warns

The IMF’s outlook for Europe remains closely tied to geopolitical developments. A prolonged crisis risks tipping Europe into recession.

Business

Hormuz tensions threaten global energy and supply chains, Qatar warns

“The full-fledged impact is coming” and what the world has seen until now in energy costs is "the tip of the iceberg," Qatar’s finance minister says, warning of wider energy and supply shock as Iran tightens control over Hormuz.

Europe News

Venezuela and EU set out roadmap for renewed ties amid political thaw

Following talks in the Venezuelan parliament, Caracas and the EU have agreed on a new cooperation agenda. The shift aligns with a broader economic pivot, as the nation resumes ties with the IMF and the World Bank.

Economy

IMF drops Eurozone's economic growth forecast to 1.1% from 1.4%

The International Monetary Fund (IMF) has adjusted its growth projection for the eurozone down to 1.1% from 1.4% for 2026 as prospects for the euro area dwindle amid higher inflation and reduced momentum.

Economy

IEA warns 'largest energy security threat in history' is under way

No new energy shipments have been loaded in April, signalling a worsening disruption that could intensify the global energy and economic impact, IEA Executive Director Fatih Birol said on Monday.